Lower Division Capstone: L.A Lounge

Organizational and Corporate Finance Name University Organizational and Corporate Finance There are many different businesses that operate within the world. The basic aim of almost every business (except Not-for-profit organizations) is to make profit for their respective owners…

Introduction

A Sports Bar is a very feasible business venture that can be considered worthwhile within the Los Angeles area as it is considered to be an area where sports is the pre-dominant entertainment and recreational activity, hence I would be really interested in starting up a sports bar named “The L.A Lounge” Like every other business, a bar is also considered to be a business venture in which the primary motive is to gain profit. A bar offers many different products such as food, snacks, games and other alcoholic and non-alcoholic beverages. A sports bar on the hand is considered to be an extension to the bar phenomena. A sports bar offers all the same products with an added facility to watch sporting events on large screens. The “L.A Lounge” would definitely produce great financial results if it is handled and managed appropriately. The first irk would be the financial issue i.e. the capital needed to start up such a business. There are many different options that can be availed to gain finance in order to run a Sports bar. ...

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